One Of The Smallest Closed-End Funds Is Also A Great Buy [Seeking Alpha]
Ellsworth Growth and Income Fund Ltd. (ECF)
NASDAQ:AMEX Investor Relations:
gabelli.com/template/fundinfo.cfm?tid=ndezytc=&bid=n2eyma==&mid=njrmyzi=&num=nzm5y2y=&fid=zgnjna==&rid=421-=edoc_dnuf
Company Research
Source: Seeking Alpha
One Of The Smallest Closed-End Funds Is Also A Great Buy Summary ECF has a large discount and impressive track record of total returns and income growth. Its small size and management team indicate the fund may be terminated soon, providing investors with upside. ECF is a superior purchase to GCV or many other funds with a similar mandate. As an asset class and an option for retirees, CEFs have lost favor for many years in the age of the ETF. This is both unfortunate and an opportunity. It is unfortunate because many great CEFs that could One inefficiency that exists due to the NAV/market price dynamic is the instant reward when a fund is terminated, either by being merged with another fund or by being liquidated. Some activist investors, like the City of London An activist investor with a large enough portfolio can effectively make this happen. Individual investors, on the other hand, cannot, and some zombie funds can linger for many years before they are liquidated. For this reason,
Show less
Read more
Impact Snapshot
Event Time:
ECF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ECF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ECF alerts
High impacting Ellsworth Growth and Income Fund Ltd. news events
Weekly update
A roundup of the hottest topics
ECF
Sec Filings
- 4/3/24 - Form DEFR14A
- 3/21/24 - Form DEFA14A
- 3/21/24 - Form DEF
- ECF's page on the SEC website